Tate County MS Market Report April 2009
by Pam Simpson
The Kudzu Vine
There were 18 residential properties that sold in Tate County MS in April. The average sales price was $174,108 with the average days on the market of 109.
The average sales price is up significanly from last month due to a couple of homes that sold with acreage. A whopping 55% of the homes that sold in April were foreclosures.
Here's how the April numbers stack up to last month and April of last year:
March 2009
Sold: 12 Avg. $107,742 Avg. DOM 126
April 2008
Sold: 17 Avg. $136,921 Avg. DOM 137
Here is a chart showing which area had the most sales:
Currently, there are 170 Active residential listings in Tate County MS. This represents an 11.3 month supply of inventory (compared to 14.7 from last month). The prices range from $32,000 to $540,000 with the median price being $167,000.
The amount of foreclosures currently for sale in Tate County MS represent 7.6% of all active listings.
For comparisons to last month's report, see March 2009 Tate County MS Market Report.
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About the author:
Pam Simpson is an Assoc. Broker with Bob Leigh & Associates, LLC in Northwest MS. Copyright© 2009 by Pam Simpson. All rights reserved...***Tate County MS Market Report April 2009***
FOR BUYERS: Buying a Foreclosure, Finding a Home, Loan Info, Tax Credit, Interest Rates
FOR SELLERS: Pricing, Selling Tips
LOCAL COMMUNITY INFO: Tate County Community, Memphis Community, Southaven Community
MARKET REPORTS: Foreclosure Report, Hernando MS Report, Olive Branch MS Report, Tate County MS Report
REALTOR STUFF: NAR, Real Estate and Media, Real Estate Agents
OTHER: Rural Life, Breast Cancer Awareness, Angel Food Ministries, Property Rights, Auctions
Disclaimer: All information provided by this author may be based on information collected from several sources and is believed accurate but not guaranteed.
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